Life Insurance Term
Term Insurance
Pure life cover that pays your family if you die during the term.
What is Term Insurance?
Term insurance is the simplest, most affordable life cover: for a fixed term, you pay a premium and your family receives a large payout if you pass away. There's no payout if you survive a standard term plan.
Because it's pure protection with no investment component, it offers the highest cover for the lowest premium.
Example
A 30-year-old can get ₹1 crore term cover for roughly the cost of a coffee a day.
Related terms
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